share_log

Expedia | 8-K: Expedia Group Reports Second Quarter 2024 Results

Expedia | 8-K: Expedia Group Reports Second Quarter 2024 Results

Expedia | 8-K:Expedia 集团公布2024年第二季度业绩
美股SEC公告 ·  2024/08/09 04:48

Moomoo AI 已提取核心信息

Expedia Group reported Q2 2024 revenue growth of 6% to $3.6B, with total gross bookings reaching $28.8B. Room nights grew 10% YoY, led by Brand Expedia's nearly 20% growth. B2B revenue showed strong performance, increasing 22% to $1.0B. Net income remained flat at $386M while adjusted EBITDA rose 5% to $786M.The company demonstrated solid operational execution with lodging gross bookings up 8% to $20.7B and hotel bookings increasing 11%. Free cash flow surged 42% to $1.3B, while the company continued its share repurchase program, buying back approximately 9.2M shares for $1.2B year-to-date.Despite the strong Q2 performance, CEO Ariane Gorin noted a more challenging macro environment and softening travel demand in July, leading the company to adjust expectations for the remainder of the year. The company maintains a strong balance sheet with $6.2B in cash and cash equivalents as of June 30, 2024.
Expedia Group reported Q2 2024 revenue growth of 6% to $3.6B, with total gross bookings reaching $28.8B. Room nights grew 10% YoY, led by Brand Expedia's nearly 20% growth. B2B revenue showed strong performance, increasing 22% to $1.0B. Net income remained flat at $386M while adjusted EBITDA rose 5% to $786M.The company demonstrated solid operational execution with lodging gross bookings up 8% to $20.7B and hotel bookings increasing 11%. Free cash flow surged 42% to $1.3B, while the company continued its share repurchase program, buying back approximately 9.2M shares for $1.2B year-to-date.Despite the strong Q2 performance, CEO Ariane Gorin noted a more challenging macro environment and softening travel demand in July, leading the company to adjust expectations for the remainder of the year. The company maintains a strong balance sheet with $6.2B in cash and cash equivalents as of June 30, 2024.
Expedia集团报告2024年第二季度营业收入增长6%,达到36亿美元,整体总预订额达到288亿美元。客房夜数同比增长10%,由Brand Expedia近20%的增长推动。20亿美元的营业收入表现强劲,增幅达到22%,达到了10亿美元。净利润保持在38600万美元,同比持平,而调整后的EBITDA上升5%,达到78600万美元。该公司在住宿总预订额上实现了8%的增长,达到了207亿美元,酒店预订量增加了11%。自由现金流猛增42%,达到13亿美元,同时公司继续其股票回购计划,截至年初已回购约920万股,耗资12亿美元。尽管第二季度表现强劲,首席执行官Ariane Gorin指出7月面临更加困难的宏观环境和旅行需求减弱,这导致公司对年内余下时间的预期进行了调整。截止2024年6月30日,公司保持强劲的资产负债表,现金及现金等价物为62亿美元。
Expedia集团报告2024年第二季度营业收入增长6%,达到36亿美元,整体总预订额达到288亿美元。客房夜数同比增长10%,由Brand Expedia近20%的增长推动。20亿美元的营业收入表现强劲,增幅达到22%,达到了10亿美元。净利润保持在38600万美元,同比持平,而调整后的EBITDA上升5%,达到78600万美元。该公司在住宿总预订额上实现了8%的增长,达到了207亿美元,酒店预订量增加了11%。自由现金流猛增42%,达到13亿美元,同时公司继续其股票回购计划,截至年初已回购约920万股,耗资12亿美元。尽管第二季度表现强劲,首席执行官Ariane Gorin指出7月面临更加困难的宏观环境和旅行需求减弱,这导致公司对年内余下时间的预期进行了调整。截止2024年6月30日,公司保持强劲的资产负债表,现金及现金等价物为62亿美元。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息